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Ceiling Tiles Market Report Scope & Overview:

The Ceiling Tiles Market Size was valued at USD 9.20 billion in 2022, and is expected to reach USD 15.81 billion by 2030, and grow at a CAGR of 7.0% over the forecast period 2023-2030. Construction and infrastructure development projects are being undertaken in every corner of the globe as a result of the countries' overall economic development. The construction sector and the ceiling tile market are inextricably linked. As a result, the ceiling tile industry has grown. Every company strives to lower their carbon footprint and the effects it has on their operations and raw material processing. It's a light-weight building material that's commonly utilised to cover ceilings. They also increase the acoustic properties of a room and improve the interior design.

Ceiling Tiles Market Revenue Analysis

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Market Dynamics:

Drivers:

  • The development of environmentally friendly structures

  • The use of Eco-friendly gypsum.

Opportunity:

  • Demand for low-maintenance building materials is growing.

  • Increasing existing infrastructure repair and restoration activities.

Restraints:

  • Expensive raw materials.

  • High cost of ceiling tiles.

Challenge:

  • High cost of installation.

Impact of COVID-19:

Coronavirus, a global epidemic, is affecting people all over the world. Except for the pharmaceutical industry, it has had a negative impact on all industries' operations. Almost every country has been placed on lockdown, and citizens have been compelled to remain at home. Because the borders are closed, no foreign travel is possible. Businesses are being shuttered as well. Many people have been laid off from their jobs. This has also had a negative impact on the Ceiling Tiles sector. The Global Ceiling Tiles Market Share is expected to expand dramatically following the Covid19 incident. This is due to the fact that construction projects in both developed and developing countries are on the rise.

The need for ceiling tiles has increased as a result of the development of new commercial buildings, healthcare facilities, educational institutions, shopping malls, and other structures.

Market Segmentation:

By Material Type

  • Mineral Fiber

  • Metal

  • Gypsum

  • Others

By Property Type

  • Acoustic

  • Non-Acoustic

By End-User

  • Non-Residential

  • Residential

  • Hospitality

  • Commercial

  • Institutional

  • Industrial

By Installation

  • Surface Mount

  • Drop/Suspended

By Form

  • Laminated

  • Fissured

  • Patterned

  • Plain

  • Textured

  • Coffered

Ceiling Tiles Market Segmentation Analysis

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Regional Analysis:

The market for ceiling tiles is rapidly expanding. It is making an impact in every corner of the globe. America, Europe, Asia-Pacific, and the rest of the globe are among the Market's operating regions. The American region, which encompasses North America (the United States and Canada) as well as Latin America, has the biggest market share and is predicted to continue to develop rapidly. This is due to an increase in the demand for low-maintenance building materials. The United States is the market's major consumer. Germany, the United Kingdom, France, Russia, and Italy make up the European region, which has the second-largest market share. The growth of the industry is being fueled by increased infrastructure repair, green building construction, and residential development.

REGIONAL COVEREGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

Odenwald Faserplattenwerk GmbH, Knauf, Hunter Douglas, VANS Gypsum Pvt Ltd, Rockfon, Saint Gobain S.A., Armstrong World Industries Inc., Burgess CEP, Decorative Ceiling Tiles, Inc., SAS International, Grenzebach BSH GmbH, The ReWall Company LLC, USG Corporation, and other players.

Hunter Douglas-Company Financial Analysis

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Ceiling Tiles Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 9.20 Billion
Market Size by 2030 US$ 15.81 Billion
CAGR CAGR of 7.0% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Material Type (Mineral Fiber, Metal, Gypsum, Others)
• By Property Type (Acoustic, Non-Acoustic)
• By End-User (Non-Residential, Residential, Hospitality, Commercial, Institutional, Industrial) Installation (Surface Mount, Drop/Suspended) Form (Laminated, Fissured, Patterned, Plain, Textured, Coffered))
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Odenwald Faserplattenwerk GmbH, Knauf, Hunter Douglas, VANS Gypsum Pvt Ltd, Rockfon, Saint Gobain S.A., Armstrong World Industries Inc., Burgess CEP, Decorative Ceiling Tiles, Inc., SAS International, Grenzebach BSH GmbH, The ReWall Company LLC, USG Corporation, and other players.
DRIVERS • The development of environmentally friendly structures
• The use of Eco-friendly gypsum.
Restraints • Expensive raw materials.
• High cost of ceiling tiles.

Frequently Asked Questions

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Odenwald Faserplattenwerk GmbH (Germany), Knauf (Germany), Hunter Douglas (The Netherlands), VANS Gypsum Pvt Ltd (India), Rockfon (U.S.), Saint Gobain S.A. (France), Armstrong World Industries, Inc. (U.S.), Burgess CEP (U.K.), Decorative Ceiling Tiles, Inc. (U.S.), SAS International (U.K.), Grenzebach BSH GmbH (Germany), The ReWall Company, LLC (U.S.) and  USG Corporation (U.S.)

 

Ans: Coronavirus, a global epidemic, is affecting people all over the world. Except for the pharmaceutical industry, it has had a negative impact on all industries' operations. Almost every country has been placed on lockdown, and citizens have been compelled to remain at home. Because the borders are closed, no foreign travel is possible. Businesses are being shuttered as well. Many people have been laid off from their jobs. This has also had a negative impact on the Ceiling Tiles sector. The Global Ceiling Tiles Market Share is expected to expand dramatically following the Covid19 incident. This is due to the fact that construction projects in both developed and developing countries are on the rise.

Ans: Demand for low-maintenance building materials is growing and Increasing existing infrastructure repair and restoration activities are the opportunity for Ceiling Tiles Market.

 

Ans: Ceiling Tiles Market Size was valued at USD 8.6 billion in 2021, and expected to reach USD 13.91 billion by 2028, and grow at a CAGR of 7.0 % over the forecast period 2022-2028.  

 

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Ceiling Tiles Market Segment, By Material Type

8.1 Mineral Fiber

8.2 Metal

8.3 Gypsum

8.4 Others

9. Ceiling Tiles Market Segment, By Property Type

9.1 Acoustic

9.2 Non-Acoustic

10. Ceiling Tiles Market Segment, By End-User

10.1 Non-Residential

10.2 Residential

10.3 Hospitality

10.4 Commercial

10.5 Institutional

10.6 Industrial

11. Ceiling Tiles Market Segment, By Installation

11.1 Surface Mount

11.2 Drop/Suspended

12. Ceiling Tiles Market Segment, By Form

12.1 Laminated

12.2 Fissured

12.3 Patterned

12.4 Plain

12.5 Textured

12.6 Coffered

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

14. Company Profile

14.1 The ReWall Company, LLC

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 Armstrong World Industries, Inc.

14.3 Knauf

14.4 Grenzebach BSH GmbH

14.5 Rockfon

14.6 USG Corporation

14.7 Saint Gobain S.A.

14.8 SAS International

14.9 Odenwald Faserplattenwerk GmbH

14.10 Hunter Douglas

14.13 Burgess CEP

14.14 Decorative Ceiling Tiles, Inc.

14.13 VANS Gypsum Pvt Ltd

15.Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share analysis

15.3 Recent Developments

16. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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